Hungary - Copper Screws, Bolts And Nuts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCopper Screw Price in Hungary - 2023
Contents:
- Copper Screw Price in Hungary (CIF) - 2023
- Copper Screw Price in Hungary (FOB) - 2022
- Copper Screw Imports in Hungary
- Copper Screw Exports in Hungary
Copper Screw Price in Hungary (CIF) - 2023
In June 2023, the average copper screw import price amounted to $13,414 per ton, which is down by -46.4% against the previous month. In general, the import price showed a pronounced slump. The growth pace was the most rapid in April 2023 an increase of 207% against the previous month. As a result, import price reached the peak level of $33,223 per ton. From May 2023 to June 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($41,326 per ton), while the price for Austria ($2,727 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Spain (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Copper Screw Price in Hungary (FOB) - 2022
In 2022, the average copper screw export price amounted to $31,098 per ton, declining by -5.6% against the previous year. In general, the export price continues to indicate a perceptible decrease. The growth pace was the most rapid in 2016 an increase of 78% against the previous year. The export price peaked at $40,317 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($53,920 per ton), while the average price for exports to Brazil ($6,949 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.
Copper Screw Imports in Hungary
In 2022, the amount of copper screws, bolts and nuts imported into Hungary dropped sharply to 381 tons, shrinking by -26% against the year before. Over the period under review, imports recorded a slight decline. The most prominent rate of growth was recorded in 2021 with an increase of 56% against the previous year. As a result, imports reached the peak of 515 tons, and then declined dramatically in the following year.
In value terms, copper screw imports declined to $6.8M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +7.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 55%. As a result, imports reached the peak of $7.4M, and then shrank in the following year.
| Import of Copper Screw in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,851 | 2,245 | 4,049 | 2,368 | -6.0% |
| China | 387 | 540 | 841 | 1,812 | 67.3% |
| Italy | 575 | 566 | 701 | 712 | 7.4% |
| France | 329 | 270 | 215 | 271 | -6.3% |
| Austria | 137 | 239 | 295 | 244 | 21.2% |
| Denmark | 43.9 | 39.8 | 122 | 162 | 54.5% |
| Spain | 0.1 | 46.2 | 30.2 | 103 | 909.9% |
| Sweden | 51.0 | 48.9 | 88.9 | 99.4 | 24.9% |
| Japan | 499 | 433 | 472 | 41.0 | -56.5% |
| Others | 571 | 336 | 587 | 941 | 18.1% |
| Total | 5,445 | 4,763 | 7,402 | 6,752 | 7.4% |
Top Suppliers of Copper Screw to Hungary in 2022:
- Germany (180.0 tons)
- China (76.4 tons)
- Italy (33.7 tons)
- Spain (19.2 tons)
- Austria (12.5 tons)
- Denmark (7.1 tons)
- Sweden (6.1 tons)
- France (5.0 tons)
- Japan (1.3 tons)
Copper Screw Exports in Hungary
In 2022, copper screw exports from Hungary rose notably to 39 tons, with an increase of 12% against the previous year's figure. Overall, exports, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 25%.
In value terms, copper screw exports expanded markedly to $1.2M in 2022. In general, exports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year.
| Export of Copper Screw in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 396 | 262 | 329 | 628 | 16.6% |
| Switzerland | 135 | 46.6 | 72.2 | 73.4 | -18.4% |
| Romania | 174 | 57.2 | 188 | 65.6 | -27.8% |
| Belgium | 39.3 | 42.2 | 50.7 | 55.5 | 12.2% |
| Ukraine | 54.8 | 69.4 | 77.4 | 52.1 | -1.7% |
| Italy | 115 | 42.4 | 166 | 27.9 | -37.6% |
| China | 38.3 | 17.5 | 15.0 | 24.3 | -14.1% |
| France | 16.0 | 3.4 | 22.1 | 24.1 | 14.6% |
| Brazil | 27.7 | 10.2 | 14.0 | 19.6 | -10.9% |
| United Kingdom | 144 | 4.9 | 1.4 | 18.1 | -49.9% |
| Sri Lanka | 93.6 | 8.8 | N/A | N/A | -90.6% |
| Others | 178 | 334 | 202 | 211 | 5.8% |
| Total | 1,412 | 899 | 1,138 | 1,199 | -5.3% |
Top Export Markets for Copper Screw from Hungary in 2022:
- Germany (24.3 tons)
- Brazil (2.8 tons)
- Belgium (2.4 tons)
- Romania (1.3 tons)
- Ukraine (1.1 tons)
- France (0.6 tons)
- Italy (0.5 tons)
- China (0.5 tons)
- Switzerland (0.4 tons)
- United Kingdom (0.3 tons)
This report provides an in-depth analysis of the copper screw market in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25941340 - Copper screws, bolts and nuts (excluding pointed screw nails, s crew stoppers, threaded mechanisms used to transmit motion/to act as active machinery part, screw hooks, rings)
Country coverage:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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